Question

Input IGST is the only type of GST which can be used in setting off all types of output GST i.e., CGST, SGST and IGST.

• A. True
• B. False

Answer 1

The correct option is A True

True , IGST can be used in setting off all types of output GST.

Wef 1.2.2019, the Government has changed the order in which ITC of IGST, CGST & SGST/UTGST can be adjusted from the liability payable of IGST, CGST & SGST/UTGST. Now IGST has to be fully exhausted before other taxes can be utilised.